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Displaying blog entries 1-10 of 11

Northwest Arkansas Churches

by Terri Lynne McNaughton Team
Northwest Arkansas is home to many diverse faiths.  Some say there is a church on every corner.  No matter what your faith, you are sure to find an inviting, friendly, family oriented and ever growing church!  After all, this is the Bible Belt!  Also, if you are planning the perfect wedding, you will also find countless beautiful places in Northwest Arkansas to tie the knot!  We even have a large number of wedding coordinators who are knowledgeable and experienced in this area’s splendor. If you would like more information on area churches and/or wedding planning, please contact us. 

Katrina Assistance

by Terri Lynne McNaughton Team
If you have questions about Katrina assistance, employment assistance, training, and any related issue, please call --
 
Rose J. Sparrow
Katrina Employment and Training Advisor
Arkansas Workforce Center (WIA/NEG Programs)
2143 W. 6th Street Fayetteville, AR 72701
479-587-7230
479-524-0270

Hearts Warming Homes

by Terri Lynne McNaughton Team
The Salvation Army in Fayetteville and Rogers has "Hearts Warming Homes" funds that are given to TSA by Arkansas Western Gas Co. for distribution. Also, the Fayetteville Salvation Army has some FEMA funds available for Washington County residents only. In both cases, they need to contact Bryan Maloney at 521-2151.

On The Job Training

by Terri Lynne McNaughton Team
On-The-Job Training
An "On-The-Job Training Program" allows Katrina displaced persons to work in a job they have little to no experience.  The Arkansas Workforce pays half your salary for up to six months.  After which, you can be hired as a full time employee.  If you have any questions, please call me at 479-524-0270.

Katrina Kids Kristmas

by Terri Lynne McNaughton Team
Katrina Kids Kristmas
Workforce is sponsoring a party in Fayetteville, Arkansas for the children of Katrina on Saturday, 12/10/06.

Santa is Coming! Santa is Coming!

by Terri Lynne McNaughton Team
Santa will be at Terri Lynne McNaughton Team's Office Saturday December 9th  from 9:00am -11:30 a.m.  He has a very busy schedule this time of year and we are blessed to have him visit our office.  The Terri Lynne McNaughton Team has been getting prepared for his visit making sure we have everything he needs. If you would like to come by and visit Santa and have your picture taken please just RSVP to santa@mcnaughtonrealtors.com

Real Estate Economy

by Terri Lynne McNaughton Team

"AN ECONOMIST IS AN EXPERT WHO WILL KNOW TOMORROW WHY THE THINGS HE PREDICTED YESTERDAY DIDN'T HAPPEN TODAY." Laurence J Peter

And sure enough, the economist's predictions were off the mark again last week, as several key economic reports came in weaker than anticipated. Weak economic reports tend to benefit Bond pricing and therefore home loan rates, so rates were slightly improved to unchanged overall over the course of the week.

Durable Goods Orders - which are simply items that are expected to last longer than three years, such as appliances, electronics and furniture - were reported much lower than the economists had forecast. Then several key manufacturing reports came in weak - in fact, the weakest numbers in three years. News on housing was mixed, but showed home sales continue to cool from the overheated levels of recent years. Initial Unemployment Claims were higher than they've been in a year. And on the heels of all that - one of the most important measures of inflation showed that it still remains higher than desired by the Fed.

So the debate on what the Fed should do next continues...some experts say that the Fed should consider a rate cut to support a rapidly cooling economy, while others say more hikes are needed in order to slay the inflation "dragon". The Feds primary concern is inflation - and protecting not only us, but our future generations, from runaway prices of goods and services - so until inflation moves closer to their desired target, a rate cut is not likely to be in the cards in the very near future.

BUT IF MAKING SOME YEAR END INVESTMENTS IS IN YOUR CARDS FOR THE END OF THE YEAR...HO-HO-HOOOOLD ON THERE BEFORE YOU INVEST IN A MUTUAL FUND IN DECEMBER. WHY? TO AVOID A POTENTIAL TAX TRAP THAT MOST PEOPLE WANDER INTO COMPLETELY UNAWARE. READ THIS WEEK'S IMPORTANT MORTGAGE MARKET VIEW TO LEARN WHAT YOU SHOULD BE WATCHING OUT FOR, BEFORE YOU BEEF UP YOUR

SAVINGS. Forecast for the Week

This week brings a mix of economic reports along with the Big Momma - the monthly Jobs Report. This is the last Jobs Report before the Fed meets to decide on interest rate policy, so the numbers will be looked at especially carefully by Traders, as they attempt to handicap the Fed's next move. Economists are looking for the formation of 115,000 new jobs, and hourly earnings to increase by 0.3% for the month.

On a technical level, Bonds have been in a nice strong trend higher since the end of June, meaning home loan rates have moved lower.

Remember that as Bond prices go higher or improve, home loan rates (which are hand in hand with Bonds) go lower and improve.

So looking at the chart below, you can easily see the improvement Bonds and therefore home loan rates have gained in recent months. But historical levels play a big part in predicting future action. You can see the strong levels that were reached by Bonds in late January, early February before they started to worsen. There is still some room to go before the Bond touches these same lofty levels, but once they hit a level that in the past proved to be a high...they may begin to back down as Traders typically bet on history repeating itself. The Jobs Report on Friday will likely be the determining factor.

If the Report is a real stinker and shows very weak employment, this would be good for Bonds and home loan rates, and we could see more improvement, moving closer to and perhaps breaking those past historic levels. On the contrary, if the Report is strong, Bonds may well begin a retreat and home loan rates could worsen slightly.Chart: Fannie Mae 6.0%% Mortgage Bond (Friday Dec 01, 2006)

FREE Moving Truck

by Terri Lynne McNaughton Team
When you buy or sell a home with The Terri Lynne McNaughton Team you can use there Moving Truck for Free!  Its a great Benifit when choosing a Realtor to help you with your next home purchase or Sale. The truck is also available to non-profit organizations, churches and schools. It you have any questions about how to use the truck Please call The Terri Lynne McNaughton Team 442-9099

Home Buyer Education Class

by Terri Lynne McNaughton Team

I have just received notification that the EOA office of Northwest Arkansas will be offering a Homebuyer Education class this month.

When: December 16th

Time: 9:00 - 4:30

Where: Jones Center for Families

Contact Don at 442-9099 to find out about signing up.

Belle Meade Lots Starting at $29,900

by Terri Lynne McNaughton Team

Hurry to choose your lot in one of Northwest Arkansas' newest and most beautiful subdivisions. Located in Prairie Grove just minutes from fantastic schools, Battlefield State Park, Bob Kidd Lake, and the Aquatic Center, you can't find a more perfect place to build your dream home. Complete with a neighborhood park, there's something here for everyone. The 1300 and 1500 square foot phases will feature striking brick and stone exterior homes which will ensure long lasting beauty in this one of a kind neighborhood.

 

Displaying blog entries 1-10 of 11

Contact Information

Photo of Don McNaughton Real Estate
Don McNaughton
McNaughton Real Estate
4299 W. Persimmon
Fayetteville AR 72704
479-442-9099
Fax: 479-442-0948
       

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